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    Retail Management Study Set 1
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    Exam 17: Pricing in Retailing
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    At Which Price Does the Retailer Maximize Total Sales Revenue
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At Which Price Does the Retailer Maximize Total Sales Revenue

Question 40

Question 40

Multiple Choice

At which price does the retailer maximize total sales revenue? Selling Price Quantity Demanded
(in $ ) (in units)
$5) 00 12,000
$6) 00 9,500
$7) 00 8,700
$8) 00 7,000


A) $5.00
B) $6.00
C) $7.00
D) $8.00

Correct Answer:

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